EconomyPrelims + Mains
India made ‘remarkable progress’ in reducing poverty, says World Bank
India has achieved remarkable poverty reduction, with extreme poverty falling from 27.1% in 2011 to 2.6% in 2023, lifting nearly 496 million people out of poverty. However, income inequality, unemployment, regional disparities and poor-quality jobs persist. India must prioritise productive employment, women's empowerment, skill development and human capital to achieve inclusive growth and poverty eradication.
